WBD Deal Heat

Welcome back to Dry Powder. I’m Bill Cohan. My partner Dylan Byers and I have heard rumblings that WBD leadership is starting to sniff around for a buyer for CNN—or at least seriously consider the possibility. In tonight’s special issue of Dry Powder, we look at prospective buyers and the rationales behind a sale.
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Welcome back to Dry Powder. I’m Bill Cohan.

My partner Dylan Byers and I have heard rumblings that WBD leadership is starting to sniff around for a buyer for CNN—or at least seriously consider the possibility. In tonight’s special issue of Dry Powder, we look at prospective buyers and the rationales behind a sale.

Also, if you missed my conversation with Matt Belloni, earlier this week, about Bob Iger’s sophomore slump, you can find it here.

Can’t see the full story? You’re receiving the free version of Dry Powder at . For full access to Puck, and to each of my colleagues, you can subscribe here.

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Is Zaz Ready to Enter CNN Deal Mode?

As the Allen & Co. conference beckons, and CNN remains leaderless, bankers and executives are wondering if Zaz is ready to seriously consider selling the network in order to service WBD’s debt and excite the equity market (and probably avoid a headache or two). And, if not now, when?

WILLIAM D. COHAN

DYLAN BYERS

With less than three weeks until the annual Allen & Co. conference, the media mogul set is entering deal heat. All sorts of things get discussed at these gatherings, of course, and this year should be no different. Presumably there will be lots of whispering about the fates of Hulu, ESPN, and Paramount Global, a perennial favorite, as well as the next strategic steps for Bob Iger and Brian Roberts. But one of the most intriguing possibilities being discussed among the M&A crowd on Wall Street pertains to...

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FOUR STORIES WE’RE TALKING ABOUT

Iger’s Sophomore Slump

Two Disney-watchers debate his second act.

MATTHEW BELLONI & BILL COHAN

The Row’s Future

Is the ultimate quiet luxury brand in expansion mode?

LAUREN SHERMAN

MAGA Mudslinging

On M.T.G.-Boebert beef and Tucker’s legal muscle.

TINA NGUEYN

Vanna’s New Deal

On the negotiations after Sajak’s exit.

MATTHEW BELLONI

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